GATES SCHOOL C/O CHARTER INSTITUTE AT ERSKINE (EIN 851025677) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

CAMERON RUNYAN

Phone

8038492464

Tax Period

2022-07-01 to 2023-06-30

GATES SCHOOL C/O CHARTER INSTITUTE AT ERSKINE, founded in 2020, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 46% operating deficit.

Mission

GATES SCHOOL'S MISSION IS TO PROVIDE AN EXCEPTIONAL, EVIDENCE-BASED, MULTI-SENSORY EDUCATION FOR STUDENTS WITH DYSLEXIA TO OPEN THE GATES TO THIER INDIVIDUAL ACADEMIC POTENTIAL, IN AN ENVIRONMENT THAT EMPOWERS STUDENTS TO DEVELOP A POSITIVE AND SOCIALLY CONSCIOUS SELF-IMAGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,657,785

Program Service Revenue $17,161

Investment Income $7,362

Other Revenue $0

TOTAL REVENUE $1,682,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,198,500

Fundraising Expenses $0

Program Expenses $1,714,475

Other Expenses $1,250,899

TOTAL EXPENSES $2,449,399

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,682,308	$1,989,972	-0.2%
Expenses	$2,449,399	$1,974,474	+0.2%
Net Income	$-767,091	$15,498	-50.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE SAMS	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
TREY ZIMMERMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ERIC BENTSON	TREASURER	2.00	Officer Director	$0	$0	$0
GEORGE HYND	BOARD MEMBER	2.00	Director	$0	$0	$0
SEDRIC WEBBER	BOARD MEMBER	2.00	Director	$0	$0	$0
BOB MCFERRAN	BOARD MEMBER	2.00	Director	$0	$0	$0
ROSEMARY HEROLD	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISS OTT	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN LI	DISTRICT CFO	0.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$1,682,308	$2,449,399	$4,818,373	$-767,091
2022	$1,989,972	$1,974,474	$5,261,639	$15,498
2021	$246,603	$804,879	$4,891,842	$-558,276
2020	No data	No data	No data	No data

GATES SCHOOL C/O CHARTER INSTITUTE AT ERSKINE